Updated

Stepdown would come back to bite processors

Marian Macdonald
June 4 2020 - 5:00pm
SOLID GROUND: Bega Cheese chairman Barry Irvin talks about stepdowns in the face of COVID-19.
SOLID GROUND: Bega Cheese chairman Barry Irvin talks about stepdowns in the face of COVID-19.

With the news that Fonterra Australia had increased its minimum milk price from $6.06 a kilogram of milk solids to $6.40/kgMS on Wednesday, dairy social media forums were flooded with speculation about a future step-down.

Marian Macdonald

Marian Macdonald

National rural property writer

Writing for farmers in the Stock & Land, The Land, Queensland Country Life, Stock Journal and FarmWeekly, farming in Gippsland.

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